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  • #1,187,161
  • Nov 8, 2020 10:04am Nov 8, 2020 10:04am
Quoting here2there
{quote} To get to the true meaning of the word and the context it was intended for, one should not merely look at a modern dictionary on the Internet and choose which definition to apply. An etymological study is needed. The word was crafted for games of chance involving risk. It was not intended to be applied to business or life in general.
Why not use a modern dictionary? its the world we live in now and would seem more appropriate, I can bet on who wins the next election, if the FTSE will open higher or lower than the close on Friday, are these games?
  • #1,187,162
  • Nov 8, 2020 10:04am Nov 8, 2020 10:04am
Quoting here2there
{quote} To get to the true meaning of the word and the context it was intended for, one should not merely look at a modern dictionary on the Internet and choose which definition to apply. An etymological study is needed. The word was crafted for games involving risk. It was not intended to be applied to business or life in general.
Words can/often have multiple meaning/definition.

Gamble has/is used to indicate a risk not just for games.

That's the problem I think most here think gamble and game.

You want to drive 100 mph on a busy street that's a gamble. Nothing to do with games but the risk.

You fish in a storm that's a gamble.

Edit. I'm sure you have heard to word used before not just to games.

Trader gambles his life savings and hits big

Gamble = risk. Usually/ideally controlled risk
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  • #1,187,163
  • Nov 8, 2020 10:06am Nov 8, 2020 10:06am
Quoting mistaouting
{quote} Yes, any thing that involves risk is a gamble. Yes that is what I am saying. Not all risk are same. It's our job a traders to reduce and mange risk. However there remains a level of uncertainty on if your trade will win.... hence the gamble. one definition of the word gamble. 2.take risky action in the hope of a desired result. Inarguable fact is what that definition says. Correct? When you enter a trade which comes with risk hoping/strategically planned for a desired result correct? Undeniable facts. If you want to talk about "personal"...
No it is not.

Trading is not gambling, so is a lot of other things. No, life is not a gamble. You're wrong.
  • #1,187,164
  • Nov 8, 2020 10:08am Nov 8, 2020 10:08am
Quoting mistaouting
{quote} Words can/often have multiple meaning/definition. Gamble has/is used to indicate a risk not just for games. That's the problem I think most here think gamble and game. You want to drive 100 mph on a busy street that's a gamble. Nothing to do with games but the risk. You fish in a storm that's a gamble.
You want to drive 100mph on busy street, that is called stupidity not gamble. Has nothing to do with gambling, that is the person making a choice to drive fast in a busy street, where we all know is very risky and should not happen. Your point does not make sense and you have not prove a single point about trading and gambling.

Trading is not gambling, so is a lot of other things in life. No, choosing a career, finishing college and so on is not a gamble. Buying a real estate is not a gamble, it is a risk but not a gamble. Rolling dices in casino, that is a gamble.

There are two people in trading business: Those that gamble and lose, and those that trade/invest and make a living from it, like I do.
Trading is not gambling.
  • #1,187,165
  • Nov 8, 2020 10:09am Nov 8, 2020 10:09am
Quoting Techanalyst
{quote} No it is not. Trading is not gambling, so is a lot of other things. No, life is not a gamble. You're wrong.
When your parents conceived you it was gamble. I bet they were hoping for a boy

Couldn't let that joke pass
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  • #1,187,166
  • Nov 8, 2020 10:12am Nov 8, 2020 10:12am
well the manageable risk = no gambling.
  • #1,187,167
  • Nov 8, 2020 10:13am Nov 8, 2020 10:13am
Quoting Techanalyst
{quote} You want to drive 100mph on busy street, that is called stupidity not gamble. Has nothing to do with gambling, that is the person making a choice to drive fast in a busy street, where we all know is very risky and should not happen. Your point does not make sense and you have not prove a single point about trading and gambling. Trading is not gambling, so is a lot of other things in life. No, choosing a career, finishing college and so on is not a gamble. Buying a real estate is not a gamble, it is a risk but not a gamble. Rolling dices...
People would say that he was "Gambling with his life and other peoples lives" yes tha'ts what people would say Xxx
  • #1,187,168
  • Nov 8, 2020 10:13am Nov 8, 2020 10:13am
Quoting mistaouting
{quote} When your parents conceived you it was gamble. I bet they were hoping for a boy Couldn't let that joke pass
I was a boy when I was born, now I am a mature man. No they were not gambling, they want it a child so they had me. Not sure what is your point, but you have no point.

Trading is not gambling.
  • #1,187,169
  • Nov 8, 2020 10:14am Nov 8, 2020 10:14am
Quoting Waveskierrob
{quote} People would say that he was "Gambling with his life and other peoples lives" yes tha'ts what people would say Xxx
Yes they would say that, someone like you. But it is not a gamble. You drive faster than speed limit, that is your choice, and you knew what you were doing is wrong. So it is not a gamble, it is stupidity. Big difference.

Trading is not gambling.
  • #1,187,170
  • Nov 8, 2020 10:17am Nov 8, 2020 10:17am
Quoting Techanalyst
{quote} You want to drive 100mph on busy street, that is called stupidity not gamble. Has nothing to do with gambling, that is the person making a choice to drive fast in a busy street, where we all know is very risky and should not happen. Your point does not make sense and you have not prove a single point about trading and gambling. Trading is not gambling, so is a lot of other things in life. No, choosing a career, finishing college and so on is not a gamble. Buying a real estate is not a gamble, it is a risk but not a gamble. Rolling dices...
I think the same thing about some people's trades and calls.... stupidity
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  • #1,187,171
  • Nov 8, 2020 10:21am Nov 8, 2020 10:21am
Quoting Techanalyst
{quote} Yes they would say that, someone like you. But it is not a gamble. You drive faster than speed limit, that is your choice, and you knew what you were doing is wrong. So it is not a gamble, it is stupidity. Big difference. Trading is not gambling.
Forgot how entertaining this thread is, love it, Techy is English your first language? ..and do you breed parrots by any chance? Xxx
  • #1,187,172
  • Nov 8, 2020 10:21am Nov 8, 2020 10:21am
Quoting Techanalyst
{quote} I was a boy when I was born, now I am a mature man. No they were not gambling, they want it a child so they had me. Not sure what is your point, but you have no point. Trading is not gambling.
Of course you wouldn't get it.

You don't get how trading = risk = gamble
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  • #1,187,173
  • Nov 8, 2020 10:23am Nov 8, 2020 10:23am
Quoting Waveskierrob
{quote} Forgot how entertaining this thread is, love it, Techy is English your first language? ..and do you breed parrots by any chance? Xxx


And parrot says "trading is not gambling"
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  • #1,187,174
  • Nov 8, 2020 10:24am Nov 8, 2020 10:24am
ITT (in this thread): There are people who believe in only black and white, with no grey.
I will tear the world apart for you.
  • #1,187,175
  • Nov 8, 2020 10:27am Nov 8, 2020 10:27am
Hello,

Does any know a reliable international forex broker offering PAMM and accepting US clients? The reason is because I would like an experienced traded to manage my funds since I don’t have time to do it by myself. Thank you
  • #1,187,176
  • Nov 8, 2020 10:35am Nov 8, 2020 10:35am
Quoting Waveskierrob
{quote} Forgot how entertaining this thread is, love it, Techy is English your first language? ..and do you breed parrots by any chance? Xxx
No it is not first language. But I managed to make it in Canada, I have a house a good career, family a good woman in my life. How long would that take you to have if you were to go back in my country and make it? I would say you would be homeless, or renting a small room and barely surviving on food stamps. Do I breed parrots? Ask your mother.

Since you live in United Kingdom that pretty much says it all. How is your welfare cheque?
  • #1,187,177
  • Nov 8, 2020 10:36am Nov 8, 2020 10:36am
Quoting mistaouting
{quote} And parrot says "trading is not gambling"
Only idiots with no brain would say trading is gambling. You fit a perfect picture.
  • #1,187,178
  • Nov 8, 2020 10:37am Nov 8, 2020 10:37am
Quoting mistaouting
{quote} Of course you wouldn't get it. You don't get how trading = risk = gamble
Trading is not gambling. You gamble in trading I can see that. I don't. You're wrong.
  • #1,187,179
  • Nov 8, 2020 10:43am Nov 8, 2020 10:43am
Quoting Techanalyst
{quote} No it is not first language. But I managed to make it in Canada, I have a house a good career, family a good woman in my life. How long would that take you to have if you were to go back in my country and make it? I would say you would be homeless, or renting a small room and barely surviving on food stamps. Do I breed parrots? Ask your mother. Since you live in United Kingdom that pretty much says it all. How is your welfare cheque?
Brilliant Xxx
  • #1,187,180
  • Nov 8, 2020 10:44am Nov 8, 2020 10:44am
Quoting Waveskierrob
{quote} Brilliant Xxx
Good, tomorrow is Monday. Get ready for your food stamps coupon. But not because you need it, because you are a lazy bum.
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